How Dystopian Governments Tried to Kill Financial Privacy With CRS and FATCA and Why They Will Fail

10 months ago
2

FATCA was introduced by the US government in 2010. The Common Reporting Standard (CRS) followed in 2017. Both are attempts to destroy what remains of financial privacy.

Fortunately for those who still value privacy, CRS and FATCA are full of loopholes.

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